Excusable Cause definition
Examples of Excusable Cause in a sentence
In no event shall there be any Excusable Cause for the failure to meet a monetary obligation.
In the event either party reasonably believes that its performance hereunder may be delayed, impaired, or prevented by any Excusable Cause, such party shall (a) promptly notify the other party of the possibility of such Excusable Cause, and (b) if the notifying party is SELLER, use its commercially reasonable efforts to assist BUYER in procuring Products from other sources, provided in either case that such alternative arrangements are reasonably acceptable to BUYER.
Each party shall use due diligence and all reasonable efforts to cure any Excusable Cause preventing its performance and to resume performance.
Strikes or other labor stoppages, slowdowns or disputes ("Labor Cause") are expressly excluded from the definition of Excusable Cause and Labor Cause shall not excuse SELLER's failure to perform or delay in performing.
If SELLER has not cured any Excusable Cause applicable to it within sixty (60) days, BUYER may terminate this Agreement without further liability to either party.
The Supplier is not responsible for, or liable for any Loss resulting from, an Incident that is the result of an Excusable Cause.